Pending home sales dip in August due to supply shortage

WASHINGTON (Reuters) - Contracts to buy previously owned U.S. homes slipped in August due to a shortage of lower priced inventory in most of the country, an industry group said on Thursday. Full story

A New Home for Investors?

  Discussing whether the slight comeback in housing is good news for your portfolio, with Drew Matus, UBS senior U.S. economist and Lawrence Yun, National Association of Realtors.

Homebuilder Sector Up 28%

  Home investors bought 1.23 million homes in 2011, a 65 percent jump from 2010. 50 percent of those purchases were either foreclosures or short sales. Lawrence Yun, National Association of Realtors chief economist; Gary Beasley, Wayport Real Estate Grou...